Is Gopal Snacks technically bullish or bearish?

Aug 20 2025 08:09 AM IST
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As of 19 August 2025, the trend has shifted to bullish with moderate strength, supported by bullish MACD, Bollinger Bands, and moving averages, though caution is advised due to neutral RSI and Dow Theory signals.
As of 19 August 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. Key indicators driving this include a bullish MACD on the weekly time frame, bullish Bollinger Bands on the weekly, and bullish moving averages on the daily. The On-Balance Volume (OBV) is mildly bullish on both weekly and monthly time frames, indicating positive accumulation. However, the RSI shows no signal on both weekly and monthly, and Dow Theory indicates no trend on both time frames, suggesting some caution despite the overall bullish sentiment.
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